U.S. Cold Storage Market to Witness Exponential Growth by 2025: Grand View Research Inc.

 U.S. Cold Storage Market Growth & Trends

The U.S. cold storage market size is estimated to reach USD 19.69 billion by 2025, expanding at a CAGR of 3.7% over the forecast period, according to the new report conducted by Grand View Research, Inc. U.S. is widely regarded as one of the leading markets in developing technologies responsible for effective management of cold storage processes. The market is expected to offer growth opportunities for the pharmaceutical industry. Inventory management of pharmaceutical goods such as vaccines and medicines is an expensive process, which necessitates adequate security measures to be undertaken for protection of product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

Growth of the U.S. cold storage market is profoundly influenced by extensive demand for perishable goods worldwide along with the availability of food and health supplies, and economic and political scenario. For instance, trade conflicts between U.S. and China is expected to negatively impact the growth. In March 2018, U.S. imposed a 25.0% tariff on steel and 10.0% on aluminum imported from China. The latter country, in turn, announced a 15-25.0% tariff on products imported from U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture produce are expected to negatively affect market growth.

Furthermore, outsourcing cold and frozen storage operations offers manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and satisfaction of customer needs.

Request a free sample copy or view report summary: U.S. Cold Storage Market Report

U.S. Cold Storage Market Report Highlights

• Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth
• Provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods
• Growing automation in warehouse management is anticipated to spur the growth over the forecast period
• Numerous initiatives undertaken with the objective of reducing wastage of post-harvest and processed foods is also expected to boost the market
• Some of the key participants operating in the U.S. cold storage market are Americold Logistics, LLC, AGRO Merchants Group North America, Burris Logistics, Cloverleaf Cold Storage, Henningsen Cold Storage Co., Lineage Logistics Holdings, LLC, Nordic Logistics, LLC, Preferred Freezer Services, United States Cold Storage, and Wabash National Corporation

U.S. Cold Storage Market Segmentation

Grand View Research has segmented the U.S. cold storage market based on warehouse type, construction type, temperature type, application, and state:

U.S. Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Private & Semi-Private
• Public

U.S. Cold Storage Construction Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Bulk Storage
• Production Stores
• Ports

U.S. Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2014 - 2025)

• Chilled
• Frozen

U.S. Cold Storage Application Outlook (Revenue, USD Billion, 2014 - 2025)

• Fruits & Vegetables
• Dairy
• Fish, Meat, & Seafood
• Processed Food
• Pharmaceuticals

U.S. Cold Storage State Outlook (Revenue, USD Billion, 2014 - 2025)

• Maine
• Massachusetts
• Vermont
• New Jersey
• New York
• Pennsylvania
• Delaware
• Florida
• Georgia
• Maryland
• North Carolina
• South Carolina
• Virginia
• Illinois
• Indiana
• Michigan
• Ohio
• Wisconsin
• Alabama
• Kentucky
• Mississippi
• Tennessee
• Iowa
• Kansas
• Minnesota
• Missouri
• Nebraska
• North Dakota
• South Dakota
• Arkansas
• Louisiana
• Oklahoma
• Texas
• Arizona
• Idaho
• Mexico
• Utah
• California
• Oregon
• Washington
• Others

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Carbon Black Market is Estimated To Reach A Valuation of USD 25.95 Billion by 2025: Grand View Research Inc.

 The global carbon black market size is projected to reach USD 25.95 billion by 2025 expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. Increasing tire production on accounted of growing transportation industry is driving the product demand. Carbon black is a highly regulated industry as the manufacturing process is considered harmful owing to the toxic emissions, which have adverse effects on the environment and health. In February 2003, it was added to the California Office of Environmental Health Hazard Assessment (OEHHA) list of substances known to the State that cause cancer.

Major companies in the market are focusing on R&D activities to develop new manufacturing techniques to reduce harmful emissions. Stringent regulations to curb emissions are expected to play a major role in driving the market growth. Emerging countries in Asia Pacific, such as China, Thailand, India, and Indonesia, are projected to generate the maximum product demand in the coming years. Manufacturers in North America and Europe regions are forced to shift their operations to Asian countries owing to low cost in emerging countries. However, recovery in the automotive industry in countries, such as Germany and France, is are anticipated to boost market growth in Europe over the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/carbon-black-market

Further key findings from the study suggest:

• In terms of volume, tires segment is anticipated to register a CAGR of 4.3% from 2019 to 2025 due to rise in production of tires as a result of high demand from the automotive industry
• Plastics is anticipated to be the fastest-growing application from 2019 to 2025 owing to its rising application scope in the production of high-performance products
• Stable automotive production and a gradually increasing plastics and rubber manufacturing landscape in Brazil is projected to drive the market in Latin America
• Some of the key carbon black manufacturers and suppliers include Evonik, Nippon, Mitsubishi, Jiangxi Black Cat Carbon Black Co. Ltd., Philips Carbon Black, and China Synthetic Rubber Corporation
• In May 2018, Cabot Corporation announced that it would be investing in capacity additions of over 300,000 (metric tons/year) of carbon black across its global plants

Grand View Research has segmented the global carbon black market on the basis of application and region:

Carbon Black Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Tire
• High-performance Coatings
• Plastics
• Others

Carbon Black Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
  • US
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Latin America
  • Brazil
• Middle East & Africa
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Industrial Water Treatment Chemicals Market to Grow at Moderate CAGR of 4.2% Through 2025

 The Report Industrial Water Treatment Chemicals Market Size, Share & Trends Analysis Report By Application (Cooling & Boilers, Raw Water Treatment, Desalination), By Region, And Segment Forecasts, 2019 - 2025

The global industrial water treatment chemicals market size is expected to reach USD 18.3 billion by 2025 at a 4.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for water desalination systems owing to scarcity of fresh water is a key factor driving industry growth.

In desalination plants, excess salts and other minerals are removed from water through membrane-based or thermal-based technologies, there by rendering it fit for industrial consumption. Reverse osmosis (RO) and distillation are methods used for seawater desalination, while electrodialysis and RO are used to desalt brackish water.

The industrial water treatment chemical industry is anticipated to benefit from high number of regulations established by regulatory authorities across Europe and North America. As consumers are highly price-sensitive regarding installation cost of wastewater treatment plants, companies are involved in offering discounts and price reductions in a bid to attract more consumers.

Furthermore, development of advanced technology products and solutions by major companies in the market is expected to boost market growth over the forecast period. Rising investments in R&D of new products in the region is also expected to drive the market over the next few years.

Demand for water desalination in Asia Pacific, especially in countries such as India and Australia, is anticipated to witness high growth over the forecast period owing to increasing population, rising water scarcity, and reduced RO plant prices as compared to prices 10 years ago.

In India, rising groundwater contamination by industries is prompting state governments to impose restrictions on groundwater utilization. This factor, coupled with reduced prices of setting up plants, is anticipated to provide incentives for building new water desalination units over the forecast years.

Several countries in the Middle East are focusing on developing scalable infrastructure and efficient technologies to meet demand for potable water from the Gulf Sea and the Arabian Sea. Countries such as Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman use thermal-based technologies to desalinate water and manage water scarcity issues.

Access Research Report of Industrial Water Treatment Chemicals Market @ https://www.grandviewresearch.com/industry-analysis/industrial-water-treatment-chemicals-market

Further key findings from the report suggest:

• Cooling & boilers dominated the global industrial water treatment chemicals market by application with an overall volume share of over 56.0% in 2017
• In terms of revenue, the effluent water treatment segment is projected to ascend at a CAGR of 4.4% over the forecast period
• The water desalination segment in North America is expected to exhibit strong growth over the forecast period on account of variable and relatively warm climatic conditions, thereby stimulating interest in desalination and boosting demand for water resources
• The industry is characterized by strategic alliances, product developments and innovation, equity investments in several other projects, and capital expansions by players
• Some of the key companies in the industry are Kemira Oyj; BASF SE; Suez S.A.; Ecolab Incorporated; Cortec Corporation; BWA Water Additives; The Dow Chemical Company; Solvay S.A.; Buckman Laboratories International Inc.; and AkzoNobel N.V.

Grand View Research has segmented the global industrial water treatment chemicals market on the basis of application and region:

Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Raw Water Treatment
• Water Desalination
• Cooling & Boilers
• Effluent Water Treatment
• Others

Industrial Water Treatment Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• Europe, Middle East, & Africa
• China
• Asia Pacific
• Latin America
• South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Plant Based Protein Supplements Market Will See Strong Expansion Through 2025: Grand View Research Inc.

 The global plant based protein supplement market size is expected to reach USD 7.70 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.9% during the forecast period. Rising concerns regarding the consumption of animal protein supplements, has encourages the manufacturers to develop human nutrition products derived from soy, spirulina, pumpkin seed, hemp, pea, and rice among other plants-based sources.

The plant-based protein supplements market is projected to exhibit a high growth on account of rising global demand for vegan products. Herein, the rapid growth of e-commerce is augmenting the consumption of protein supplements. Walmart is considered to be the largest retailer and requesting its suppliers to offer more plant based items. Moreover, rising concern for food safety in food and beverages sector is propelling the consumption for high-quality food service board and liquid packaging board.

Demand for plant based protein supplement is likely to witness a high growth on account of rising popularity of Ready-to-Drink (RTD) product among millennials. These pre-formulated protein drinks are easily available and can be consumed without any further mixing or preparation. This factor is anticipated to bode well for the product demand in near future.

Asia Pacific is projected to remain one of the lucrative markets for plant-based protein supplements over the next eight years. The growth of working-class population in developing countries including China and India coupled with increased state government spending for promoting infrastructure development and easy taxation scenario for MNCs to open up offices, is expected to promote the demand. In addition, predominant utilization of internet by the working-class population during office hours and off-job time is expected to boost the consumer awareness regarding plant-based supplements as meal replacements in near future.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/plant-based-protein-supplements-market

Further key findings from the report suggest:

• Among raw materials, soy is anticipated to reach market size of USD 5.11 billion by 2025, at a CAGR of 8.0% from 2017 to 2025
• Protein powder product segment is expected to reach a market size of 5.33 billion by 2025, owing to rising health consciousness and demand from athletes and bodybuilders
• North America is projected to exhibit a CAGR of 7.6% over the forecast years, mainly on account of increasing demand for sports nutritional supplements from Canada and U.S. In addition, presence of major players and easy availability of raw materials can further fuel the growth
• Countries in Asia Pacific, especially India, Indonesia, and China, are expected to witness significant growth over the forecast years, mainly driven by changing consume lifestyles resulting in the increased need for health supplements
• The plant-based protein supplements market is characterized by accreditation of raw materials, product, distribution channel, application, and regional decisions to improve the market share of manufacturers
• Some of the prominent companies present in the market are Glanbia plc; AMCO Proteins; Quest Nutrition; NOW Foods; NBTY, Inc.; MusclePharm Corporation; Abbott Laboratories; CytoSport, Inc.; IOVATE Health Sciences International; and Transparent Labs.

Grand View Research has segmented the global plant based protein supplement market on the basis of raw material, product, distribution channel, application, and region:

Plant based Protein Supplement Raw Material Outlook (Revenue, USD Million, 2014 - 2025)

• Soy
• Spirulina
• Pumpkin Seed
• Hemp
• Rice
• Pea
• Others

Plant based Protein Supplement Product Outlook (Revenue, USD Million, 2014 - 2025)

• Protein Powder
• Protein Bars
• Ready-to-Drink (RTD)
• Others

Plant based Protein Supplement Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

• Supermarket
• Online Stores
• DTC
• Others

Plant based Protein Supplement Application Outlook (Revenue, USD Million, 2014 - 2025)

• Sports Nutrition
• Additional Nutrition

Plant based Protein Supplement Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

CSA Food Safety Testing Market Hit at a CAGR of 5.7% in Terms of Revenues from 2018 to 2025

 The Central & South America food safety testing market size is expected to reach USD 1.36 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 5.7% during the forecast period. Increasing food safety concerns due to consumer preference for processed and packaged eatables are expected to contribute to the market growth in the region. Moreover, rising demand for exotic vegetables and fruits, premium coffee, and imported products continue to contribute to safety concerns. This is projected to augment the market growth.

Changing lifestyle and increased per capita income have resulted in high demand for packaged and ready-to-eat products, which is also likely to boost market growth. Manufacturers are taking increasing efforts to ensure food safety owing to economic losses caused by foodborne diseases. Foodborne disease outbreak is a major cause of diarrheal diseases and poses a significant threat in the majority of the Central & South American countries. Such diseases cause severe and long-lasting damages including ulceration, meningitis, chronic diseases affecting articular and respiratory system. This is expected to have a positive impact on the market expansion. In addition, rising awareness levels among consumers regarding safety will also contribute to the market development in the years to come.

Furthermore, regional governments have launched initiatives, such as Good Farming Practice (GFP) and Good Manufacturing Practice (GMP) to ensure safety. Safety testing service providers have their own laboratories that offer various services including microbiological, allergen, Genetically Modified Organisms (GMO), nutritional analysis, and residue and contamination testing. In addition, vegetables and fruits producers perform routine tests by using test kits to check their products for any contamination. Meat, poultry, and seafood is the largest application segment, followed by processed eatables. Increased exports of cocoa from tropical countries and quinoa from Bolivia is estimated to boost the market growth.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/central-south-america-food-safety-testing-market

Further key findings from the study suggest:

• Microbiological testing segment accounted for 43.1% of the total revenue share in 2017 as this testing focuses on the detection and enumeration of microorganisms using biological, biochemical, molecular, or chemical methods
• GMO testing segment is projected to expand at a CAGR of 5.8% during the forecast years due to strict regulations regarding the cultivation of GMO seeds and rising instances of illegal GMO crops cultivation in the region
• Meat, poultry, and seafood end-use segment accounted for a significant share of the market in 2017 as these products require testing on a regular basis for their microbiological quality as well as for the presence of chemical constituents
• Market in Peru is expected to register a strong CAGR owing to rise in disease outbreaks in the country along with increased government regulations to ensure food safety
• The market is highly concentrated with a few number of companies accounting for large market share along with the presence of numerous small-scale firms providing specialized services to food sector across the value chain

Grand View Research has segmented the Central & South America food safety testing market on the basis of test, end-use, and region:

CSA Food Safety Test Outlook (Revenue, USD Million, 2014 - 2025)

• Allergen Testing
• Chemical & Nutritional Testing
• Genetically Modified Organism (GMO) Testing
• Microbiological Testing
• Residues & Contamination Testing
• Others

CSA Food Safety Testing End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Meat, Poultry, & Seafood Products
• Dairy & Dairy Products
• Processed Food
• Beverages
• Cereals & Grains
• Others

CSA Food Safety Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)

• Central & South America
  • Peru
  • Ecuador
  • Bolivia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Crude Sulfate Turpentine Market Witness Excellent Revenue Growth by 2025

 The global crude sulfate turpentine market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market.

 

Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process. They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhesives industries to grab more opportunities by replacing chemical compounds like hydrocarbons, cement, and mineral spirits.

Carene is anticipated to be the fastest-growing segment in future owing to wide usage of the product in solvent production. Personal and home care application accounted for over 30% volume share in 2018. Increasing demand for flavors and fragrance with natural products will fuel the segment growth further. Rising product usage as a feedstock to manufacture polymer additives, turpentine oil, pine oil, and pinenes is also likely to contribute to the segment development.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/crude-sulfate-turpentine-market

Further key findings from the study suggest:

• The global crude sulfate turpentine market is anticipated to reach 220.8 kilotons by 2025 expanding at an estimated CAGR of 2.1% from 2019 to 2025
• In terms of revenue, carene is projected to ascend at a CAGR of 4% over the forecast period
• Aroma chemicals application segment led the global market in 2018
• Asia Pacific is projected to witness the fastest CAGR over the next estimated time period owing to rising preference for naturally extracted products
• Some of the key companies in this market are DRT, Kraton Corportation, Pine Chemicals Group, and ORGKHIM Biochemical Holding
• Most of these firms are collaborating with distributors to improve their regional presence and industry share

Grand View Research has segmented the global Crude Sulfate Turpentine derivatives market on the basis of product, application, and region:

Crude Sulfate Turpentine Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Carene
• Terpineol
• Camphor
• Pinane Hydroperoxide
• Pure Alpha-pinene
• Beta-pinene
• Terpene Resins
• Limonene

Crude Sulfate Turpentine Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• Additives
• Adhesives
• Solvents
• Rubber Processing
• Aroma Chemicals
• Personal/Home Care Product

Crude Sulfate Turpentine Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Central and South America
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Hybrid Adhesives & Sealants Market to Reflect Impressive Expansion During the Forecast Period

 The global hybrid adhesives & sealants market size was estimated at USD 11.86 billion in 2017 and is projected to witness a CAGR of 8.3% from 2017 to 2025. Growing preference for hybrid resins in end-use industries, such as building and construction and automotive is expected to drive the global market.

Growing popularity of hybrid resins has led to its usage in adhesives and sealants. Increasing infrastructural developments and demand for lightweight vehicles are anticipated to augment the market during the forecast period.

The building and construction industry is witnessing considerable growth across the globe, especially in developing countries. Hybrid sealants are widely used in concrete sealing, joint filling, and cable sealing applications. Its ability to bond with different types of substrates, tolerate extreme weather conditions, compatibility with paints and coatings, and availability in different colors is boosting the demand.

Hybrid sealants and adhesives are a combination of two resins that inherit the pros of both resins, but avoid most of their cons. When compared to single resin-based adhesives and sealants they offer a better and efficient performance, which is driving their increasing application.

Growing concerns toward environment and energy consumption have encouraged automotive manufacturers to increase the production for lightweight vehicles, where hybrid adhesives are of vital importance. Hybrid adhesives contribute significantly in reducing the weight of a vehicle. They offer strong adhesion and bonding for different types of materials that allows the usage of lightweight substrates in vehicle production and also eliminate the need for mechanical fasteners. This further leads to saving time and productivity along with enhanced fuel efficiency and less VOC emissions post-production. The increasing production of lightweight vehicles is anticipated to propel the global market.

Hybrid adhesives and sealants combine the superlative properties of both the resins, but seldom inculcate their disadvantages. This is a major factor driving the popularity and adoption of the product. MS polymer and epoxy-cyanoacrylate are the two hybrid resins, which are majorly used in their production.

MS polymer holds a significant market share owing to cost effectiveness and usage in the production of both hybrid adhesives and sealants. In terms of volume, the segment accounted for 69.8% market share in 2017 and this share is expected to increase over the forecast period.

The market witnesses competitive rivalry due to the presence of major industry players, such as Henkel Corporation, 3M, Wacker Chemie AG, H.B. Fuller, and others. The players are introducing new products and engaging major acquisitions for strengthening their market position.

Access Research Report of Hybrid Adhesives & Sealants Market @ https://www.grandviewresearch.com/industry-analysis/hybrid-adhesives-sealants-market

Further key findings from the report suggest:

• Building and construction was the largest application segment in 2017 on account of increasing propensity of builders towards hybrid adhesives and sealants and growth of the global construction market
• In terms of revenue, epoxy-cyanoacrylate segment is expected to register a CAGR of 8.4% during the forecast period
• In terms of revenue, Asia Pacific is likely to witness the fastest growth of 9.5% from 2017 to 2025 owing to rapid infrastructural developments especially in India and Southeast Asian countries
• In Middle East and Africa hybrid adhesives and sealants market, the demand from automotive application is expected to expand at a CAGR of 13.2%, in terms of revenue, due to the increasing automotive production in Iran
• In 2017, Sika launched two new products and acquired Turkey based ABC sealants, for strengthening its market position in the adhesives & sealants industry

Grand View Research has segmented the global hybrid adhesives and sealants market on the basis of resin type, application, and region:

Hybrid Adhesives & Sealants Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• MS Polymer
• Epoxy-cyanoacrylate
• Others

Hybrid Adhesives & Sealants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Building & Construction
• Automotive
• Others

Hybrid Adhesives & Sealants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Automotive Engine Oil Market Poised to Expand at a Robust Pace Over 2025

 The global automotive engine oil market size is projected to reach USD 48.1 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 3.7% during the forecast period. Increasing demand for synthetic engine oil owing to excellent protection at high temperature and exceptional resistance to thermal break down is the key factor driving the industry growth.

Heavy-duty engine oils are mainly used as a lubricant in internal combustion engines of heavy-duty-vehicles.Heavy Duty Engine Oil provides various benefits, such as reduced wear and tear, accumulation of dust, corrosion, and friction between engine parts. Rise in demand for heavy-duty vehicles owing to burgeoning trade and advancements in logistics has spurred product demand in this segment. Gasoline engines, also referred to as petrol engines, have top piston rings, which possess the ability to expose the motor oil in use to temperatures above 160 degree centigrade.

Majority of the gasoline engine vehicles comprise of light trucks and passenger vehicles.Such engines cannot operate smoothly with higher-viscosity oils as the engine type is not equipped to function trouble-free with high heat generation. The industry is highly characterized by the presence of major industry participants continuously carrying out R&D on additives for engine oil to improve the performance and reduce wear and tear of engine parts. Companies, such as Motul and Amsoil, strategically ventured into joint business operations with oil & gas giants to ensure long-term raw material procurement ease.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/automotive-engine-oil-market

Further key findings from the study suggest:

• In terms of volume, the global automotive engine oil market size is anticipated to exceed 16.0 kilotons by 2025
• Latin America is expected to witness a CAGR of 3.1% from 2018 to 2025. Automotive vehicle production increased by 25.2% in 2017, which is said to have a positive impact on the region’s growth
• Companies in the market are focusing on forming strategic collaborations to increase capacities and expand their reach in the emerging global economies
• In 2018, Fuchs Petrolub SE announced to invest USD 23.19 million in a new lubricant blending plant in Beresfield, Australia
• Multinationals, such as HP Lubricants, have introduced their own line of products (HP GASENOL 20W 50), specifically for CNG and natural gas engines. These oils are used in heavy-duty trucks, as well as passenger cars

Grand View Research has segmented the global automotive engine oil market on the basis of grade, engine type, vehicle type, and region:

Automotive Engine Oil Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Mineral
• Semi-synthetic
• Synthetic

Automotive Engine Oil Engine Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Gasoline
• Diesel
• Alternative Fuel

Automotive Engine Oil Vehicle Type Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Passenger Cars
• Light Commercial Vehicles
• Heavy Duty Vehicles
  • On-Highway Vehicle
  • Off-Highway Vehicle
• Motorcycles

Automotive Engine Oil Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cookies Market Increase at a CAGR of 5.3% from 2018 to 2025

 The global cookies market size is expected to reach USD 44.01 billion by 2025 with a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Rising product popularity and increasing demand for on-the-go snacks in developed markets including Germany and U.K. are expected to remain key driving factors for the market over the forecast years. Increasing demand for gluten-free cookies as alternatives to conventional counterparts due to rising concerns regarding glutamic disorders is also offering growth opportunities for the global market.

Rapid urbanization along with increasing disposable income levels in emerging economies, such as China and India, is projected to boost the product demand. Innovative marketing strategies undertaken by major companies in the market to lure new customers will also contribute to the market growth. Manufacturers are focusing mainly on product innovations, in terms of flavors, ingredients, packaging, etc. This factor are is also likely to propel the market development in the next few years.

Access Research Report of Cookies Market@ https://www.grandviewresearch.com/industry-analysis/cookies-market

Further key findings from the study suggest:

• Bar product segment led the market in 2018 and is expected to maintain its dominance over the forecast period due to increasing popularity of these product forms
• Online channels are expected to account for more than 19.8% of the global share by 2025 due to increasing popularity of e-commerce sites
• North America generated a revenue of USD 10.42 billion in 2018. Impulsive purchases by people of all age-groups is projected to remain a favorable factor for the regional market
• APAC is expected to account for more than 25% of the total revenue by 2025. Changing lifestyle and rising disposable income in emerging countries are likely to open growth avenues for the market
• Key manufacturers include The Kellogg Company, Nestlé S.A., PepsiCo, Inc.; Britannia Industries Ltd.; The Campbell Soup Company, Mondelēz International, Inc.; Danone S.A.; and Parle Products Private Limited
• Development of products in chocolate and fruit extract variants is projected to remain one of the key strategies among these manufacturers

Grand View Research has segmented the global cookies market on the basis of product, distribution channel, and region:

Cookies Product Outlook (Revenue, USD Billion, 2015 - 2025)

• Bar
• Molded
• Rolled
• Drop
• Others

Cookies Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

• Offline
• Online

Cookies Regional Outlook (Revenue, USD Billion, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Aqua Gym Equipment Market is Poised to Exhibit A Moderate 5.01% CAGR through 2025

 The global aqua gym equipment market size is expected to reach USD 722.3 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.01% during the forecast period. Growing consumer awareness regarding healthy lifestyle and physical appearances.

 

Rising pressure of hectic lifestyles among leads to serious health conditions such as high or low blood pressure, diabetes, and obesity to name a few. Aqua gym can reduce these problems as the workouts help reduce tension and also serve as a relaxing activity. Water gym also provides resistance as people move through it, which allows to work out vigorously with little chance of injury. Elderly prefer water fitness due to less probability of injuries. The exercise also helps cure hip and knee joint problems, especially among geriatric population.

Strength training aqua gym equipment category is expected to register the fastest CAGR of 6.24% from 2015 to 2025. The major reason people prefer aqua gym is its quick strength gaining procedures. It helps the muscles to get a rigid workout. It has been observed that 12 weeks of regular water gym training can provide significant gains in agility, strength, and flexibility. The quick fitness process associated with strength training is expected to drive growth of the global market.

North America is the largest market for aqua gym equipment. In 2018, it accounted for more than 40% of the global market. Gradually increasing health consciousness among a large number of U.S. population is anticipated to bode well for regional growth. Sales of floating fitness mats and water cycling has increased due to rising customers across the country. As per a New York based aqua fitness company AQUASTUDIO, aqua cycling has the ability to burn up to 600 calories in one hour.

The aqua gym equipment market is competitive in nature with the presence of many small and large players. Some of the major companies are PlayCore, Inc.; AquaJogger; Acquapole sas; TEXAS REC; Hydro Fit Inc.; BECO-Beermann GmbH & Co. KG; Be Aqua Pte Ltd; Aqua Gear Inc.; HydroWorx International, Inc.; and others. Equipment manufacturers are working on product innovation and development to attract more customers. Weight loss product manufacturer VACUACTIVUS has launched five aqua weight loss equipment to get aqua gym customer base in the market.

Access Research Report of Aqua Gym Equipment Market @ https://www.grandviewresearch.com/industry-analysis/aqua-gym-equipment-market

Further key findings from the report suggest:

• In terms of revenue, strength training equipment is projected to ascend at a CAGR of 6.24% from 2019 to 2025
• Cardiovascular equipment held the leading market share of 60.45% in 2018
• North America led with 40.1% share of the global aqua gym equipment market in 2018
• Asia Pacific is anticipated to witness significant growth with increasing disposable income in India, South Korea, China, and Japan
• Key market players include PlayCore, Inc.; AquaJogger; Acquapole sas; TEXAS REC; Hydro Fit Inc.; BECO-Beermann GmbH & Co. KG; Be Aqua Pte Ltd; Aqua Gear Inc.; and HydroWorx International, Inc.
• The market is highly competitive in nature. Manufacturers are concentrating on new product launches and technological innovation to estimate existing and future demand patterns from upcoming market.

Grand View Research has segmented the global aqua gym equipment market on the basis of product, distribution channel, and region:

Aqua Gym Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)

• Cardiovascular equipment
• Strength training equipment
• Others

Aqua Gym Equipment Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Department Stores and Supermarkets
• Specialty Store
• Online
• Others

Aqua Gym Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cigar & Cigarillos Market is Anticipated To Exhibit Moderate Growth With The CAGR of 3.1% by 2025

 The global cigar and cigarillos market size is expected to reach USD 21.02 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 3.1% during the forecast period. Implementation of heavy taxes and increasing price of conventional cigarettes drive the product demand. Increasing number of consumers prefer cigars as they have better reputation and lower price, which is projected to positively influence growth.

The mass segment held major market share of global market owing to the growing popularity of cigars and cigarillos among the young consumers. Moreover, growing number of female consumers in the developed countries is expected to fuel the demand for mass products over the forecast period. However, the premium segment is expected to expand at the highest CAGR over the next seven years. Presence of luxury hotels and bars with cigar lounges, in developed countries, such U.S., U.K., and China have made comeback, thus, the consumption has increased drastically.

The flavored product segment is expected to expand at a CAGR of 3.2% over the forecast period. Many new consumers prefer flavored cigars as the taste is perceived to be better than the natural tobacco flavored products. Moreover, many consumers are migrating from other tobacco products including conventional cigarette to cigar and cigarillos. In addition, many companies have launched various flavored product to attract consumers, fueling the demand.

North America was the largest consumer in the cigar and cigarillos market in 2018. Growing demand for premium products in U.S. has helped the region gain major share. U.S. was the largest consumer in the world, accounting for more than 55% share of overall market. Followed by U.S., Germany and China are the largest markets. Growing number of young billionaires coupled with rising number of cigar lounges are the key factors driving the growth in China.

Access Research Report of Cigar & Cigarillos Market @ https://www.grandviewresearch.com/industry-analysis/cigar-cigarillos-market

Further key findings from the report suggest:

• In terms of revenue, the premium product segment is projected to ascend at a CAGR of 3.3% over the forecast years
• The mass product segment led the global market with an overall revenue share of over 82.3% in 2018
• Flavored segment was valued at USD 4.93 billion in 2018, is projected to exhibit a high CAGR in the next few years
• North America led the global cigar and cigarillos market in 2018, with 57.0% of revenue share and is projected to continue leading over the forecast period
• Growing number of young consumers including men and women is further expected to propel the growth
• The market is highly competitive in nature. Major companies include Altria Group, Inc.; Habanos S.A.; Scandinavian Tobacco Group A/S; Gurkha Cigars; Swisher International, Inc.; Agio Cigars; Swedish Match AB; OETTINGER DAVIDOFF AG; Drew Estate; and Trendsettah USA, Inc.
• Various manufacturers are concentrating on new product launches, capacity expansions, and technological innovations to cater to the existing and future demand patterns from upcoming product segments.

Grand View Research has segmented the global cigar and cigarillos market on the basis of product, flavor, and region:

Cigar & Cigarillos Product Outlook (Revenue, USD Million, 2015 - 2025)

• Mass Cigar
• Premium Cigar

Cigar & Cigarillos Flavor Outlook (Revenue, USD Million, 2015 - 2025)

• Tobacco/No Flavor
• Flavored

Cigar & Cigarillos Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

BB Cream Market Expected to Behold a CAGR of 14.4% through 2025

 The global BB cream market size is expected to reach USD 5.41 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 14.4% during the forecast period. The market is expected to witness significant growth owing to the rising popularity of multifunctional products among young men and women. The BB cream, also called as beauty balm or blemish balm, is a combination of moisturizer, sunscreen, foundation, and primer, as well as works as anti-aging serum.

BB cream has maintained strong position in the global skin care market. Increasing disposable income coupled with awareness regarding skin health among men and women has increase demand for innovative and quality products such as BB cream. Moreover, growing demand for natural and organic products in developed countries is projected to fuel the product demand over the forecast period.

Blemish balm or beauty product is also called as all-in-one product, as it provides protection form UV radiation, as well as hydration and anti-aging effect. Popularity of beauty cream has spread in Asia, especially in Korea, China, and Japan. Along with various benefits, the fact that it helps reduce the time require for make-up has attracted many young consumers. Followed by Asia, popularity of BB cream has spread in the western world. Since 2012, blemish balm has witnessed substantial growth in developed countries and has maintained its prominent position in the beauty and personal care market in U.S.

Access Research Report of BB Cream Market@ https://www.grandviewresearch.com/industry-analysis/bb-cream-market

Further key findings from the report suggest:

• In terms of revenue, tube/bottle segment is projected to ascend at a CAGR of 14.5% over the forecast period
• Offline segment led the global market with an overall revenue share of over 91.2% in 2018
• Air cushion segment was valued at USD 55.9 million in 2018, is projected to exhibit a significant growth in the next few years
• Asia Pacific led the global BB cream market in 2018, with 40% of the revenue share and is projected to continue witnessing similar growth over the next few years
• The market is highly competitive in nature with the main players such as L'Oréal S.A.; Unilever; The Estee Lauder Companies Inc.; Shiseido Company, Limited; Christian Dior SE; Missha US Inc.; Avon Products, Inc.; L'Occitane; AMOREPACIFIC CORPORATION; and ETUDE HOUSE, Inc. The manufacturers concentrate on new product launches and product innovation to increase the consumer base.

Grand View Research has segmented the global BB cream market on the basis of packaging, distribution channel, and region:

BB Cream Packaging Outlook (Revenue, USD Million, 2015 - 2025)

• Tube / Bottle
• Air Cushion

BB Cream Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

BB Cream Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • India
• Rest of the World

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Eye Makeup Market to Expand At A CAGR Of 5.7% from 2019 to 2025

 The global eye makeup market size is expected to reach USD 21.41 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.7% during the forecast period. Growing consciousness about physical appearance, especially among working class population is projected to drive the product demand. Furthermore, rising per capita income in developing economies including China, India, and South Korea, allowing the consumers to increase the spending in personal care products and thus will have a strong impact on the growth.

Innovation has been an important competitive strategy for the players operating in this market. Over the past few years, cosmetic manufacturers have been increasing spending on the development of products on the basis of beauty preferences of consumers. The waterproof and sweat-proof personal care products are gaining remarkable popularity, especially among people involved in outdoor work in hot and humid weather. Similarly, consumers engaged in sports such as athletics, swimming, and other outdoor sports, prefer smudge-free products are anticipated to drive the demand for such products. Multi utility products, makeup which work as sunscreen and anti-aging, are also gaining significant demand in the cosmetics industry. For instance, Shiseido Company, Limited and Elizabeth Arden, Inc. has launched eye makeups such as mascara which contain anti-aging ingredients.

Organic and natural makeup products have been gaining popularity due to the rising awareness about harmful effects such as, skin diseases and cancer, caused by synthetic or chemical based products. This booming demand has encouraged the manufacturers to focus on and expand the natural plant based environment-friendly products. Some of the organic products includes sunscreen ingredients, which adds value to the product. These natural products also help reduce signs of aging such as wrinkles and enhance the content of vitamin E and A.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/eye-makeup-market

Further key findings from the report suggest:

• North America held or the largest market share of more than 30.0% in 2018
• Eye shadow segment is expected to witness the fastest CAGR of 6.2% from 2018 to 2025
• In terms of product, mascara held the largest market share of more than 35.0% in 2018
• Asia Pacific is expected to witness the fastest CAGR of 8.3% from 2018 to 2025. Increasing number of working class women in emerging economies including China, India, Bangladesh, and Pakistan as a result of increased concentration of MNC offices on a domestic level is projected to have a strong impact on the regional growth
• The key players operating in the eye makeup market include L'Oréal S.A; The Procter & Gamble Company; The Estée Lauder Companies Inc.; Shiseido Company, Limited; COLORBAR Unilever; Amway; and Chanel S.A.
• Product innovation and high spending on the development of digital platforms to ensure product supply are expected to remain critical success factors over the next eight years. For instance, in 2012, Purplle and Nykaa, the Indian online beauty retailers, came into the business only through the digital platform.

Grand View Research has segmented the global eye makeup market on the basis of product, distribution channel, and region:

Eye Makeup Product Outlook (Revenue, USD Million, 2015 - 2025)

• Mascara
• Shadow
• Liner
• Pencil
• Brow
• Others

Eye Makeup Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Online
• Offline

Eye Makeup Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Demand for Edible Oil & Fats Market to Incur Considerable Upsurge During the Forecast Period

 The global edible oil and fats market size is expected to reach USD 162.51 billion by 2025, according to a new report by Grand View Research, Inc. Rising popularity of edible oil as a key nutritional constituent on account of its various benefits including improvement in immune system and prevention from cardiovascular disorders is projected to drive the demand.

Rising concerns over glutamic disorders in developed countries including U.S. and Germany is expected to promote the scope of oilseed-based product forms as vegan alternatives for animal fats. Furthermore, changing lifestyle coupled with buyer preference for nutrition enriched food products among middle-class income groups from developing economies such as China, India, and Thailand is projected to increase the usage of edible oils over the next eight years.

Offline channels are projected to lead, accounting for more than 50% of total market share in terms of revenue. Increased concentration of supermarkets in emerging economies such as China, India, Mexico, Brazil, and South Africa is projected to provide the consumers a wide range of options when it comes to edible oils and edible fats.

Access Research Report of Edible Oil & Fats Market @ https://www.grandviewresearch.com/industry-analysis/edible-oil-fats-market

Further key findings from the report suggest:

• Oil product segment generated revenue exceeding USD 60 billion in 2018. Rising importance of calorie-free products including olive and sunflower as healthier alternatives as compared to animal-based fats is projected to remain a favorable factor over the forecast period
• Coconut segment is expected to witness a CAGR of 7.4% from 2018 to 2025. The product is expected to gain importance on account of being effective source of amino acids, vitamins, and minerals
• Asia Pacific led with more than 30% of global market share in terms of revenue in 2018. The high concentration middle-income age groups in key markets including China, India, Bangladesh, and Thailand is expected to assist the region maintain the dominance in near future
• The edible oil and fats market is highly competitive in nature. Key players include Aceities Borges Pont S.A.; ACH Food Companies, Inc.; ADM; Avena Nordic Grain Oy; and Cargill Inc.
• Strategic partnerships with the distributors located in emerging economies with significant buyer base is expected to remain a critical success factor for the key market participants in the forthcoming years.

Grand View Research has segmented the global edible oil and fats market on the basis of product, distribution channel, and region:

Edible Oil & Fats Product Outlook (Revenue, USD Million, 2015 - 2025)

• Edible Oil
• Edible Fats

Edible Oil & Fats Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

• Offline
• Online

Edible Oil & Fats Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Motorcycle Market Poised to Expand at a Robust Pace Over 2025: Grand View Research Inc.

 The U.S. motorcycle market size is expected to reach USD 10.88 billion by 2025, according to a new report by Grand View Research, Inc., Increasing amount of disposable income is expected to drive the market. Surplus amount of income is used by Americans to buy motorcycles which leads to an increase in the sales and registration of vehicles. According to the Bureau of Transportation Statistics, motorcycle registrations in the U.S. have increased over the past 10 years, from 3,826,373 in 1997 to 6,678,958 in 2006, which indicates an overall increase of 75%. Sales of new street-legal motorcycles increased more sharply over the same period, from 260,000 in 1997 to 892,000 in 2006.

Furthermore, according to Statista Inc., a total of 487,144 units were sold in the U.S. in the year 2016. This shows the potential demand and growth for these products in the coming years. Growing economic standards, changing lifestyle and increasing rates of petroleum are shifting the customer preference towards motorcycles which offer greater fuel efficiency in comparison to cars. Motorcycles are an effective and affordable way of transport owing to which the working class and the younger generation of the society are more attracted towards these products. Growing urbanization is also a significant factor driving the growth of the market in the country.

According to the International Organization for Migration in 2015, around 3 million people are migrating to cities every week. Currently, around 82% of the population in North America are living in the urban areas with a high concentration in mid and large-sized cities. Such huge trend towards urbanization has led to growing awareness of new products and their easy availability. All these factors are expected to boost the U.S. motorcycle industry over the forecast period.

Access Research Report of U.S. Motorcycle Market @ https://www.grandviewresearch.com/industry-analysis/us-motorcycle-market

Further Key Findings From the Study Suggest: 

• Motorbikes segment held the dominant share of 56.7% in the U.S. motorcycle market owing to the high adoption rate and wide range of products
• Scooters segment is expected to grow at a lucrative rate of 4.0% over the forecast period owing to the associated advantages such as better fuel efficiency, lightweight, and low cost.
• Harley Davidson dominates the U.S. motorcycle industry with a market share of nearly 47%.

Grand View Research has segmented the U.S. motorcycle market on the basis of product:

U.S. Motorcycle, Product Outlook (Revenue, USD Million, 2014 - 2025)

• Motorbikes
• Scooters
• Mopeds

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.